Home prices increase

 
By Richard Mize
Published: June 1, 2007

New figures from the federal government show continued slight home price appreciation across the nation, on average, in the first quarter of this year, a surprise considering everyone from local Realtors and builders to the National Association of Realtors forecast a decrease.

The Office of Federal Housing Enterprise Oversight 's national House Price Index was 0.5 percent higher in the first quarter than in the four...


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